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Centre to boost NE pipeline network

By Spl correspondent
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NEW DELHI, Jan 20 � In a move aimed at boosting the pipeline network in the North-east, pre-feasibility studies have been initiated to lay down product pipelines from Numaligarh to Imphal and Guwahati to Silchar.

A report of the Petroleum and Natural Gas Ministry said that the pipeline network is proposed to be laid with a view to ensuring uninterrupted supply of petroleum products.

There are nine ongoing projects being undertaken by oil sector PSUs at an estimated cost of Rs 2,763 crore for upgrading the existing infrastructure including crude oil pumping stations, tank farms, gas gathering stations and oil and gas pipelines.

For incentivising exploration and production in the north eastern region, 40 per cent subsidy on gas operations has been extended to the private companies operating in the region. This provision of a level playing field is expected to boost exploration activities by private operators in the region, increase gas production and enhance the level of economic activities in the region.

The Ministry�s report said that the total investment in the Palatana Power Project in Tripura was the single biggest investment of the Ministry in the North-east, estimated at Rs 10, 000 crore.

With two units of 363.3 MW each, the Palatana Power Project is one of the biggest Clean Development Mechanism (CDM) projects in the world.

The unit�II of the OTPC Power Project was inaugurated by the Prime Minister on December 1, 2014.

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Centre to boost NE pipeline network

NEW DELHI, Jan 20 � In a move aimed at boosting the pipeline network in the North-east, pre-feasibility studies have been initiated to lay down product pipelines from Numaligarh to Imphal and Guwahati to Silchar.

A report of the Petroleum and Natural Gas Ministry said that the pipeline network is proposed to be laid with a view to ensuring uninterrupted supply of petroleum products.

There are nine ongoing projects being undertaken by oil sector PSUs at an estimated cost of Rs 2,763 crore for upgrading the existing infrastructure including crude oil pumping stations, tank farms, gas gathering stations and oil and gas pipelines.

For incentivising exploration and production in the north eastern region, 40 per cent subsidy on gas operations has been extended to the private companies operating in the region. This provision of a level playing field is expected to boost exploration activities by private operators in the region, increase gas production and enhance the level of economic activities in the region.

The Ministry�s report said that the total investment in the Palatana Power Project in Tripura was the single biggest investment of the Ministry in the North-east, estimated at Rs 10, 000 crore.

With two units of 363.3 MW each, the Palatana Power Project is one of the biggest Clean Development Mechanism (CDM) projects in the world.

The unit�II of the OTPC Power Project was inaugurated by the Prime Minister on December 1, 2014.